Singapore Telecom hires three banks for broadband unit IPO

Singapore Telecom hires three banks for broadband unit IPO

A Singtel executive passes a Singtel logo at their head office in Singapore April 8, 2015. REUTERS/Edgar Su/files

Singapore Telecommunications Ltd., the city-state’s largest phone company, said it has hired three banks as it prepares for an initial public offering to divest more than 75 percent of its wholly-owned fiber broadband network unit NetLink Trust.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter